It's in the top 10% of views. Tour it before it's gone!
Today:
About this home
A rare offering at The Villas at Olive Mill, this sophisticated 3,065-square-foot residence pairs refined design with luxury living in the heart of Montecito. Just steps from the restaurants, boutiques, and cafés of Coast Village Road and moments from Butterfly Beach, Rosewood Miramar Beach, and the soon-to-reopen Four Seasons Resort The Biltmore, the two-bedroom, two-and-a-half-bath villa offers exceptional access to the best of Montecito. The open great room is defined by soaring ceilings, a gas fireplace, and floor-to-ceiling pocketing glass doors opening to an expansive terrace with mountain and treetop views and a covered loggia with a fully equipped outdoor kitchen. The chef's kitchen features a waterfall-edge quartzite island, Wolf range with double ovens, Sub-Zero refrigerator and under counter wine refrigerator, and Bosch dishwasher. The spacious primary suite offers a private terrace, fireplace, oversized walk-in closet, and spa-like bath with soaking tub and dual shower. Smart-home technology, integrated security and surround sound, gated entry, underground parking, and private garage space complete this exceptional residence, offering a rare combination of privacy, luxury, and walkability in one of Montecito's most desirable locations.
Coast Village, located between Butterfly Beach and the Lower Village, is a coastal and village-style Montecito neighborhood with a walkable commercial strip and ocean-breeze streetscapes. The neighborhood’s character concentrates along Coast Village Road near Coast Village Road & Olive Mill Road, where sidewalk patios, boutiques, and coffee counters set a polished, low-key rhythm. Architectural cues lean Mediterranean and Spanish Revival, with manicured courtyards and discreet garden walls. Coast Village Road reads as a curated promenade, while nearby shoreline paths keep the landscape in view. Community pillars include the Montecito Country Mart, Jeannine’s Bakery, and the Coral Casino Beach and Cabana Club. The setting balances retail energy with quiet residential pockets and beach-adjacent calm.
Provided by Walk Score and Local Logic
Market insights
107 Olive Mill Rd · $6,500,000
DAYS ON MARKET
1 days
The average home goes pending in 35 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$6,500,000
Median sale price in this area is $724,775. (89% lower than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Living room fireplace
Sun room
Great room
Dining area
Bedrooms
Primary bedroom
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Refrigerator
Gas range
Gas stove
Double oven
Dishwasher
Disposal
Microwave
Laundry & utility
Laundry room
Washer
Dryer
Flooring
Hardwood
Tile
Heating & cooling
Central air conditioning
Exterior features
Corner lot
Mountain views
Home design
Contemporary and Spanish-style home
Two levels
Home/Estate property type
Property in excellent condition
Parking
Other parking (no attached garage)
Construction
Stucco construction
Tile roof
Utilities
Water: Municipal water
HOA & community
Homeowners association present
Electricity and solar
View estimated energy costs and solar savings for this home
This zone strives to provide a desirable living environment by preserving and protecting surrounding residential land uses in terms of light, air and existing visual amenities.
Zone overlays
Coastal Overlay Zone S-D-3 Zone Designation
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Santa Barbara, CA • 93108
Average low and high temperatures (°F)
67
50
67
52
68
54
67
53
68
56
69
59
70
59
74
62
74
62
72
58
67
53
67
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 107 Olive Mill Rd
$6,515,303
$15K over list price of $6.50M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $1.9M to $2.7M.